Existing Term Loan Claims definition

Existing Term Loan Claims means all Claims against any Debtor arising on account of the Existing Term Loans. The Existing Term Loan Claims shall be Allowed in an aggregate principal amount of approximately $426,415,550.51 plus any accrued and unpaid interest at the applicable rate as of the Petition Date plus all other unpaid and outstanding Obligations as of the Petition Date, as applicable, and which shall not be subject to disallowance, setoff, recoupment, subordination, recharacterization or reduction of any kind, including pursuant to Section 502(d) of the Bankruptcy Code.
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Existing Term Loan Claims means all Claims arising under, in connection with, or related to the Existing Term Loan Credit Agreement, including any accrued and unpaid interest, fees, and/or deficiency Claims.
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Existing Term Loan Claims means the aggregate of the principal amount of all Indebtedness incurred under the Existing Term Loan Credit Agreement, together with any interest, fees, premiums (if any), attorneys’ fees, costs, expenses and indemnities payable on account of such principal amount or otherwise in respect of, or arising under, the Existing Term Loan Credit Agreement or the documents related to such Indebtedness, including all fees, expenses and indemnities of the applicable Term Loan Representative thereunder, plus, all interest and expenses accrued or accruing (or that would, absent the commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with and at the rate specified in the Existing Term Loan Credit Agreement whether or not such interest or expense is allowed or allowable as a claim in such Insolvency or Liquidation Proceeding.
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Examples of Existing Term Loan Claims in a sentence

  • The guarantees, mortgages, deeds of trust, Liens, pledges, or other security interests held by all Holders of Senior Priming Term Loan Claims, Priming Term Loan Claims, Existing Term Loan Claims, and Existing ABL Facility Claims (whether held individually or by their Agent) against any UK Guarantor shall be fully released and discharged.

  • On the Effective Date, the Existing Term Loan Claims shall be deemed Allowed in the aggregate amount of $783.5 million in principal, plus accrued and unpaid interest (including postpetition interest at the contract rate), premiums, fees and costs, and other amounts that may be due and payable under the Existing Term Loan Credit Agreement.

  • Therefore, Holders of Class 7 Existing Term Loan Claims are entitled to vote to accept or reject the Plan.

  • On March 13, 2020, each of the Debtors, the Consenting Lenders (holding approximately 77% of the outstanding Existing Term Loan Claims) entered into the Restructuring Support Agreement, pursuant to which the Consenting Lenders agreed, subject to the terms and conditions set forth therein, to support the Restructuring and vote to accept the Plan.

  • Holders of Existing Term Loan Claims are entitled to vote on the Plan.

  • On October 16, 2021, the Debtor commenced the solicitation of https://cases.stretto.com/GCS.NOTICE OF ASSUMPTION OF EXECUTORY CONTRACTS ANDmarquee apps and servicesvotes from holders of Claims in Class 3 (Existing Term Loan Claims) on the UNEXPIRED LEASES OF THE DEBTOR AND RELATED PROCEDURESThe Rate Order is on file at the principal office of the District, Schwartz, PagePrepackaged Chapter 11 Plan of ORG GC Midco, LLC (as may be amended,11.

Related to Existing Term Loan Claims

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Existing Term Loan Agreement means that certain Term Loan Credit Agreement dated as of October 22, 2010 by and among Holdings, the Company, as borrower, the Subsidiary Guarantors, the lenders party thereto from time to time and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, as amended, restated, supplemented or otherwise modified from time to time.

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Loans shall have the meaning assigned to such term in Section 2.21(j).

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Existing Termination Date as defined in Section 2.18.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Tranche B Term Loan as defined in Section 2.1.